What do I own when I invest in a well?
Prior to investing, you will electronically sign a contract giving you ownership in the specific project limited partnership (LP), set up to purchase working interest in the well(s). You will receive revenue generated from the project at your pro-rata share of the distributions in the LP. Your right to receive revenue is nontransferable except in the event of death or court order (e.g., inheritance or divorce). However, EnergyFunders may direct the LP to sell its assets in an arms-length transaction on behalf of investors when EnergyFunders determines it makes economic sense to sell. EnergyFunders generally anticipates holding wells for a five-year period; however, this is decided on a case-by-case basis. Payment to investors will be made on a monthly basis.